<section xmlns="http://xml.house.gov/schemas/uslm/1.0" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:dcterms="http://purl.org/dc/terms/" style="-uslm-lc:I80" id="id69f16784-ec38-11e5-ab42-dae4a1e80e35" identifier="/us/usc/t7/s925"><num value="925">§ 925.</num><heading> Loan feasibility</heading>
<chapeau style="-uslm-lc:I11" class="indent0">The Secretary and the Governor of the telephone bank may not, as a condition of making a telephone loan to an applicant therefor, require the applicant to—</chapeau><paragraph style="-uslm-lc:I12" class="indent1" id="id69f16785-ec38-11e5-ab42-dae4a1e80e35" identifier="/us/usc/t7/s925/1"><num value="1">(1)</num><content> increase the rates charged to the applicant’s customers or subscribers; or</content>
</paragraph>
<paragraph style="-uslm-lc:I12" class="indent1" id="id69f16786-ec38-11e5-ab42-dae4a1e80e35" identifier="/us/usc/t7/s925/2"><num value="2">(2)</num><chapeau> increase the applicant’s ratio of—</chapeau><subparagraph style="-uslm-lc:I13" class="indent2" id="id69f16787-ec38-11e5-ab42-dae4a1e80e35" identifier="/us/usc/t7/s925/2/A"><num value="A">(A)</num><content> net income or margins before interest; to</content>
</subparagraph>
<subparagraph style="-uslm-lc:I13" class="indent2" id="id69f16788-ec38-11e5-ab42-dae4a1e80e35" identifier="/us/usc/t7/s925/2/B"><num value="B">(B)</num><content> the interest requirements on all of the applicant’s outstanding and proposed loans.</content>
</subparagraph>
</paragraph>
<sourceCredit id="id69f16789-ec38-11e5-ab42-dae4a1e80e35">(<ref href="/us/act/1936-05-20/ch432">May 20, 1936, ch. 432</ref>, title II, § 204, as added <ref href="/us/pl/101/624/tXXIII">Pub. L. 101–624, title XXIII</ref>, § 2355, <date date="1990-11-28">Nov. 28, 1990</date>, <ref href="/us/stat/104/4039">104 Stat. 4039</ref>; amended <ref href="/us/pl/103/354/tII">Pub. L. 103–354, title II</ref>, § 235(a)(13), <date date="1994-10-13">Oct. 13, 1994</date>, <ref href="/us/stat/108/3221">108 Stat. 3221</ref>.)</sourceCredit>
<notes type="uscNote" id="id69f1678a-ec38-11e5-ab42-dae4a1e80e35">
<note style="-uslm-lc:I74" topic="amendments" id="id69f1678b-ec38-11e5-ab42-dae4a1e80e35"><heading class="centered smallCaps">Amendments</heading><p style="-uslm-lc:I21" class="indent0">1994—<ref href="/us/pl/103/354">Pub. L. 103–354</ref> substituted “Secretary” for “Administrator”.</p>
</note>
</notes>
</section>